Diebold Inc. confirms results of vote to take over Wincor Nixdorf

North Canton-based ATM maker Diebold Inc. (NYSE: DBD) on Tuesday, March 29, confirmed that investors controlling 68.9% of the stock of German rival Wincor Nixdorf (FWB: WIN) approved a takeover offer, surpassing the minimum threshold of 67.6% and satisfying the minimum tender condition.

The offer remains subject to regulatory approval and is targeted to close in this summer, Diebold said in a news release. Tuesday’s announcement confirmed preliminary results Diebold announced last Thursday, March 24.

By the end of the acceptance period, Diebold said in the release, 22,544,692 Wincor Nixdorf shares had been tendered; in addition, 262,279 voting proxies counting toward the minimum acceptance threshold were issued to Diebold by the end of the acceptance period, according to the release.

"We are excited to have successfully completed our takeover offer for outstanding shares of Wincor Nixdorf, enabling our shared vision of a truly global services-led, software-enabled company," said Andy W. Mattes, Diebold’s president and CEO, in the release.

"With this milestone achieved, we look forward to completing this transaction and integrating the two businesses, after the appropriate regulatory approvals have been obtained,” Mattes said. “We are receiving very positive reaction from our customers, who feel the combination will bring unique, added- value to the self-service industry.”

Diebold has created a section on its website with information about the Wincor Nixdorf deal; you can access it here.

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